Brief: Arshiya Approves Issuance Of Debentures, Shares To Settle Dues
16/05/2019 13:28
May 16 (Reuters) - Arshiya Ltd ARSH.NS :
* APPROVED ISSUANCE OF COMPULSORY CONVERTIBLE DEBENTURES FOR
SETTLEMENT OF DUES OF OF UPTO 455.8 MILLION RUPEES TO VARIOUS
CREDITORS
* APPROVED ISSUANCE OF 0% OPTIONALLY CONVERTIBLE PREFERENCE
SHARES
TO SETTLE DUES UPTO 80 MILLION RUPEES TO EDELWEISS ASSET
RECONSTRUCTION COMPANY
Source text: http://bit.ly/2JtgnVd
Further company coverage: ARSH.NS
((Reuters.Briefs@thomsonreuters.com;))
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